BUS306 Study guides, Class notes & Summaries
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BUS 3061 / BUS3061 Sophia Learning Unit 4 Milestone Accounting
- Exam (elaborations) • 16 pages • 2022
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Sophia Learning Accounting 
UNIT 4 MILESTONE -4 
You passed this Milestone 
1 
__________________ includes policies, procedures and mindset of top management. A tangible representation can be found in the employee handbook or annual statement. 
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Risk assessment 
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Monitoring process 
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Control environment 
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Control activity 
CONCEPT 
Internal Controls and Reconciliations 
2 
Examine the partial balance sheet vertical analysis below. 
ASSETS		 
Cash	$97,500	15% 
Accounts ...
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BUS3062 Unit 1 Assignment 1.docx BUS_3062 Unit 1 Assignment 1 Question 1: Proficient-level: Define the terms finance and financial management. Identify and provide a brief description of the four major sub-areas of finance. Distinguished-level: Descr
- Summary • 6 pages • 2021
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BUS3062 Unit 1 Assignment 2.docx BUS-3062 Unit 1, Assignment 2 Question 1: Proficient-level: "Classify the following transactions as taking place in the primary or secondary markets: Distinguished-level: Provide correct responses to each of the fiv
- Summary • 4 pages • 2021
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BUS3062 Unit 1 Assignment BUS-3062 Unit 1, Assignment 2 Question 1: Proficient-level: "Classify the following transactions as taking place in the primary or secondary markets: Distinguished-level: Provide correct responses to each of the five items IBM issues $200 million of new common stock. “ Primary Market The New Company issues $50 million of common stock in an IPO “ Primary Market IBM sells $5 million of GM preferred stock from its marketable securities portfolio “ Secondary ...
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BUS 3061 / BUS3061 Sophia Learning Unit 3 Milestone Accounting
- Exam (elaborations) • 13 pages • 2022
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Sophia Learning 
UNIT 3 MILESTONE -3 ACCOUNTING 
You passed this Milestone 
1 
 
 
Based on the information above, calculate the Cost of Goods Purchased. 
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$13,450 
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$9,475 
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$13,375 
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$9,550 
 
CONCEPT 
Expanded Income Statement 
2 
Which one of the businesses below would be best served by the periodic inventory method? 
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Restaurant 
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Fish market 
 
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Online mass consumer goods retailer 
 
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Construction equipment dealer 
 
CONCEPT 
Inventory...
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BUS3062 Unit 2 Assignment 1.docx BUS-3062 Proficient-level: " How are the present value and future value related?" (Cornett et al., 2019, p. 107). Distinguished-level: Using time value of money concepts, explain why a dollar received today is wort
- Summary • 5 pages • 2021
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BUS3062 Unit 2 Assignment BUS-3062 Proficient-level: " How are the present value and future value related?" (Cornett et al., 2019, p. 107). Distinguished-level: Using time value of money concepts, explain why a dollar received today is worth more than a dollar received a year from now. " (Cornett et al., 2019, p. 107). Timelines help you to prepare cash flow timing, managing theses a timeline provides information on the amount of money during that time period, these time periods could be...
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Solution to Week 15 Questions
- Study guide • 5 pages • 2018
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Managerial Accounting Weekly Practice Questions
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